Wall Street Tech Selloff Dents Sentiment: Nifty, Sensex Eye Flat Opening

• Nifty 50 and Sensex are expected to open flat to subdued due to weak global cues.
• A sharp overnight selloff on Wall Street, led by technology stocks like Nvidia and Oracle, dented risk appetite.
• Renewed worries over artificial intelligence related valuations triggered a broad pullback in US and Asian markets.
• SEBI approved wide-ranging reforms for mutual funds, IPO disclosures, and debt securities on the domestic front.
• Nifty remains in a consolidation phase, with technicals suggesting a prolonged sideways movement.

Why It Matters: Indian markets face a cautious opening as global tech selloff and AI valuation concerns weigh heavily.